Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$226,858	$226,858	$261,000
Remaining term (yrs)	24.1	24.1	30.0
Secondary amount	$0	$34,142	$0
Funding fee	$0	$0	$0
Note rate	2.890%	2.890%	7.400%
Blended rate	3.740%	4.428%	7.640%
1st payment	$1,085.31	$1,085.31	$1,807.11
2nd payment	$0.00	$256.06	$0.00
Taxes / mo	$189.50	$189.50	$189.50
Insurance / mo	$150.00	$150.00	$150.00
MI / mo	$184.93	$184.93	$52.20
HOA / mo	$377.00	$377.00	$377.00
Total monthly	$1,986.74	$2,242.80	$2,575.81
Cash to close	$63,142	$29,000	$29,000